Business

Business

𝐴𝑚𝑖𝑑 𝑚𝑎𝑟𝑘𝑒𝑡 𝑟𝑒𝑝𝑎𝑖𝑟: 𝐆𝐥𝐨𝐛𝐞 𝐥𝐨𝐠𝐬 𝟖% 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐦𝐨𝐛𝐢𝐥𝐞 𝐫𝐞𝐯𝐞𝐧𝐮𝐞𝐬 𝐢𝐧 𝐐𝟏, 𝐦𝐨𝐛𝐢𝐥𝐞 𝐝𝐚𝐭𝐚 𝐤𝐞𝐲 𝐝𝐫𝐢𝐯𝐞𝐫

Globe posted a healthy 8% rise in mobile revenues for the first quarter of 2024, reaching Php 29.1 billion, compared to Php 27.1 billion in the same period last year largely driven by mobile data usage. The growth in mobile spurs optimism in the sector despite challenging economic conditions impacting consumer spending.

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